WHAT ARE THE IMPLICATIONS OF GLOBALISATION ON CORPORATIONS

Historical attempts at applying industrial policies have shown mixed results.Economists have actually analysed the effect of government policies, such as supplying inexpensive credit to stimulate manufacturing and exports and found that even though governments can perform a positive role in developing industries throughout the initial phases of ind

The implications of globalisation on industry competitiveness and economic growth remain a widely debated matter.While experts of globalisation may deplore the loss of jobs and increased dependency on foreign markets, it is vital to acknowledge the broader context. Industrial relocation is not entirely a direct result government policies or corpora